This drop wasn’t sudden; the previous failed surges of $ASTEROID before it already showed the problem pretty clearly.



At the time, what I was watching was how it kept sweeping around in the high area. A lot of people were shaken back and forth without direction, and even thought it might keep pushing higher. But the real change was that every time the price approached the key level zone, it got hammered back, with weaker and weaker follow-through. That’s when I opened a short around 0.0001670.

Now the price has moved to 0.0000533, and the short’s profit shows +1340.56%. The room for volatility has opened up beautifully. I won’t be greedy for a full run here—I’ll handle it with an 80/20 approach: first take most of the profit off the table, and keep the smaller remaining position to see whether there’s continuation downward, while pushing the protection level lower to prevent a single sharp bounce from disrupting the rhythm.

This kind of market is hardest on patience. Before it breaks down, it’s very grindy; after it breaks down, it’s also easy to feel like chasing. If you already have a position, protect your profits—if you don’t have one, don’t jump in emotionally. Don’t chase trades; wait for the next more comfortable entry level.

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